Cognizant Offers Rs.2.5 Lakh Salary to Freshers: Cognizant is rolling out a new salary package for freshers, offering a competitive annual compensation of Rs.2.5 Lakhs, which translates to Rs.20, 000 per month. This change is being closely watched by job seekers as it may impact their expectations and planning. Stay tuned for more updates on how this could impact your career prospects.
This marks a new low for India’s IT sector, where engineering graduates usually earn average annual salaries ranging from Rs.3.5 to Rs.4 Lakhs. As per reports, in their efforts to boost profit margins, IT companies are cutting back on salaries for entry-level positions. The new package has sparked concerns, with many users on social media questioning whether the offered amount is even sufficient for basic expenses.
This marks a new low for India’s IT sector, where engineering graduates usually earn average annual salaries ranging from Rs.3.5 to Rs.4 Lakhs. As per reports, in their efforts to boost profit margins, IT companies are cutting back on salaries for entry-level positions. The new package has sparked concerns, with many users on social media questioning whether the offered amount is even sufficient for basic expenses.